Commodity Futures Trading Commission (CFTC) has sued the world’s biggest cryptocurrency exchange, Binance, for operating an “illegal” exchange and a “sham” compliance program. CFTC sued the firm for cultivating US business while failing to properly register with authorities according to reports. Binance said “This filing is unexpected and disappointing, as […]
crypotocurrency
A crypto exchange company headquartered in London, Luno, said it has now onboarded 10 million crypto users onto its platform. This milestone, means the company acquired 3 million users between last April—when it reached 7 million users—and now. This new number validates the increase of global adoption of crypto in […]
A Federal High Court sitting in Abuja has vacated with immediate effect an interim order through which the Central Bank of Nigeria (CBN) froze the bank accounts in two banks of a firm in cryptocurrency trading. The CBN had claimed, among others, that some of such deals contravened its directive […]
